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Platform creation · Closed Dec 2022

P1 Service Group structured as multi-company equity platform owning Sky Heating

Relationship map

Relationship map for P1 Service Group structured as multi-company equity platform owning Sky Heatingparent ofP1 Service Group: PlatformPSP1 Service GroupSky Heating: Operating CompanySky Heating
Operating CompanyPlatform

Parties

Acquirer
P1 Service Group
Platform
Target
Sky Heating
Operating Company

Market signals

Summary

Smith explains P1 Service Group wholly owns Sky Heating while he in turn owns part of P1, which owns multiple other companies that also hold equity, describing a rolled-up equity-group platform structure.